2024-06-28 12:43:54
Unhealthy information for patrons and workers of Aachener: The style chain is closing its operations after submitting for insolvency. The explanation in all probability lies in a call.
The bancrupt vogue chain Aachener not has a future: The corporate, which has branches in Unhealthy Kreuznach, Coburg and Koblenz, is ceasing operations. That is reported by the commerce journal “Textilwirtschaft” citing administration. In accordance with the report, no investor might be discovered to take over the style chain after the insolvency was declared.
Buying supervisor Susanne Straus confirmed the choice to “Textilwirtschaft” on Thursday. In accordance with her, “all rental contracts can be terminated on September thirtieth.” Round 400 workers can be affected, however there can be no switch firm.
“All these concerned have made each effort to restructure Aachener. Nonetheless, this purpose has not been achieved,” mentioned insolvency administrator Christoph Schulte-Kaubrügger of the regulation agency White & Case in a press launch, which the newspaper additionally quotes.
It was lately introduced that the style chain had terminated its rental contracts for each Leverkusen and Cottbus. In accordance with its web site, the corporate has different branches in Mayen, Flensburg, Brühl, Göppingen and Nuremberg. The corporate filed for chapter in November final yr. It had beforehand taken over a number of areas from Galeria Karstadt Kaufhof.
That was in all probability one of many causes for the chapter. “We went bankrupt due to our former boss’s exaggerated enlargement plans,” Straus instructed “Textilwirtschaft”. “The truth that we had been unable to emerge from chapter was primarily as a result of poor financial surroundings and, specifically, the painful decline in gross sales in Could and June.” This finally meant that the chain was not attention-grabbing sufficient for an investor, Straus continued.
“I hope that there can be events for our shops who need to proceed to function vogue shops there and provides our workers a future,” mentioned the supervisor. “We are going to help anybody who’s .” The clearance sale is ready to start subsequent week, Straus continued. It’s mentioned that this might final till August, and in some shops probably till September.